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New Reality: Solar Is The Lowest-Cost Source Of Energy

lweb.es/f2512 01.03.2017

iconSolar power is now cheaper than coal in some parts of the world. In less than a decade it could be the lowest-cost option almost everywhere. The speed at which the price of solar will drop below coal varies in each country: Countries that import coal, or that tax polluters with a carbon price, will see a crossover in the 2020s. Countries with large domestic coal reserves will probably take longer. However, coal looks the more economical option when the need for backup supplies for renewables are taken into account, say coal industry officials.

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A Turning Point For Energy: Solar Now Cheaper Than Wind

lweb.es/f2505 12.26.2016

iconA transformation is happening in global energy markets that’s worth noting: solar power is becoming the cheapest form of new electricity. At the moment, unsubsidized solar is beginning to outcompete coal and natural gas on a larger scale, and new solar projects in emerging markets are costing less to build than wind projects – a situation that few predicted would happen so soon. A huge part of this story is China which has been rapidly deploying solar and helping other countries finance their own projects.

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Solar Power Generation In Saudi Arabia: A Game-Changer For The Region

lweb.es/f2471 12.21.2016

iconSaudi Arabia’s long-awaited drive to free up more oil revenue by shifting to solar power generation is expected to pick up speed next quarter, according to local developers eyeing contracts. “I’m fully expecting within the first quarter 500 megawatts to come out in tenders and then it’ll ramp up,” said Paddy Padmanathan, the chief executive officer of Acwa Power International in Riyadh. “That will be a game changer for the region.” Power demand growth in Saudi Arabia is one of the largest in the region.

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Algeria: 22,000 MW In Green Energy By 2035-2040

lweb.es/f2476 12.15.2016

iconAlgeria will launch a national and international invitation to tender for a photovoltaic solar energy plant project with a capacity of 4,000 megawatts, announced the country’s energy minister Nourredine Bouterfa at an Algeria-US Forum in Houston. The mega project includes the building of power plants and local manufacturing of equipment and materials intended for the plants. The country has an important national plan for the development of renewable energy underway. This plan will put into operation nearly 22,000 MW in green energy by 2035-2040.

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Tesla And Panasonic Plan Ties With Solar Parts Deal

lweb.es/f1827 11.11.2016

iconTesla Motors has unveiled plans to collaborate with Panasonic to make solar-energy components for SolarCity Corp., bolstering Elon Musk’s final push to merge the automaker and solar company. Production of photovoltaic cells and modules for solar-energy systems used by SolarCity will begin in 2017 at SolarCity’s factory in Buffalo, New York. Musk, who is Tesla’s chief executive officer and chairman and chief financier of SolarCity, has proposed combining the two companies to give consumers one-stop shopping for an electric car as well as the solar-powered electricity that will power it.

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World’s Largest Solar Power Plant To Be Built in Nevada Desert

lweb.es/f1602 10.26.2016

iconCalifornia company SolarReserve plans to build the largest solar power plant in the world on a 25 square-mile plot in the Nevada Desert. The 10-tower concentrated solar array known as “Sandstone Energy X” will produce enough electricity to power around 1 million homes, producing between 1,500 and 2,000 megawatts of electricity, comparable to a nuclear power plant or the Hoover Dam. The project is designed to store heat without backup fuels or batteries to deliver electricity even in darkness, with zero emissions, little water use and no hazardous waste.

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Crescent Dunes concentrating solar plant begins producing electricity

lweb.es/f842

iconCrescent Dunes Solar Energy, a 110 megawatt (MW) concentrating solar power (CSP) electricity plant, began full operation in February. Crescent Dunes uses an energy storage system that developers expect will be able to store enough thermal energy to generate electricity for up to 10 hours after sunset or on cloudy days when direct sunlight is unavailable. Unlike most other CSP plants that use synthetic oil as the intermediary fluid, Crescent Dunes uses molten salt, which has more advantageous thermal properties.

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World’s largest concentrated solar plant switches on in the Sahara

lweb.es/f800

iconOEF REVIEW:Morocco has switched on what will be the world’s largest concentrated solar power plant. The new site near the city of Ouarzazate – famous as a filming location for Hollywood blockbusters like “Lawrence of Arabia” and “Gladiator” – could produce enough energy to power over one million homes by 2018 and reduce carbon emissions by an estimated 760,000 tons per year, according to the Climate Investment Funds (CIF) finance group.

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